According to the preliminary statistics, the loss

2022-10-20
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According to the preliminary statistics, the loss of Dongfang Electric is no more than 1.6 billion yuan

Dongfang Electric announced on July 16 that the "512" earthquake caused serious personnel and property losses to the company, especially the Hanwang production base of Dongfang turbine Co., Ltd., a wholly-owned subsidiary of the company, was hit hard. Combined with the liquidation situation over a period of time, the company judged that the direct property loss caused by the earthquake was no more than 1.6 billion yuan, equivalent to 73.52% of the net profit audited according to the Chinese accounting standards in 2007 with the T shear stress unit of megapascals

Dongfang Electric said that at present, the company's property inventory and loss identification are still in progress. Due to the serious collapse of buildings such as the Dongfang motor plant, the continuous aftershocks, and the severe situation of epidemic prevention, which have prompted the further extension of the effectiveness chain of the data testing effectiveness industry, it will take time for the full completion of the liquidation of property losses, and the specific amount of losses will be confirmed with strong competitiveness after the completion of the relevant property inventory and loss identification

it is expected that the company will complete the assessment of all asset losses before December 31, 2008

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